New Delhi/London, March 5 (IANS) The maritime threat landscape across the Gulf of Oman, Persian Gulf, and Strait of Hormuz has turned highly volatile in the past 24-48 hours, driven by escalating military confrontations involving Iran, the US, and Israel. Multiple projectile, missile, and explosive incidents have targeted commercial shipping, prompting a near-total halt in transits through the critical chokepoint. Since late February, when US and Israeli strikes on Iranian targets triggered reta…
Latest Hapag-Lloyd News & Updates
New Delhi, Jan 12 (IANS) Maersk is considering increasing its use of ethanol as a fuel as part of its efforts to cut carbon emissions and reduce dependence on China for green fuels.In an interview with the Financial Times, Maersk CEO Vincent Clerc said the company is exploring ethanol as an alternative fuel because production is more evenly spread across countries.He pointed out that while China dominates the market for fuels such as green methanol, the United States and Brazil are the world’s…